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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $7,170 | $72,177-90.1% | $115,037-93.8% | $59,633-88.0% |
| Participation rate | 52.8% | 72.6%-19.8pp | 81.4%-28.6pp | 68.7%-15.9pp |
| Annual return | 0.00% | 12.02%-12.0pp | 26.14%-26.1pp | 2041.40%-2041.4pp |
| Employer contribution / active EE | $1,541 | $2,841-45.8% | $4,608-66.6% | $2,203-30.0% |
| Participant deferral / active EE | $2,559 | $4,783-46.5% | $6,026-57.5% | $3,192-19.8% |
| Admin fee / account holder | $14 | $4,927-99.7% | $8,175-99.8% | $4,297-99.7% |